Weekly Economic Perspectives

Weekly Highlights

Economies: Industrial output declines in the US. Canadian inflation remains near target. UK labor market is still healthy. Industrial production improves in the eurozone. Japanese inflation remains muted. Employment expands in Australia. 

Markets: Mixed performance with most equity markets up but FTSE down on appreciating sterling. Bond yields widen modestly on Brexit hopes and mixed data. Euro and sterling strengthen on Brexit deal, with dollar lowest since late August. Oil falls further while gold is little changed.